Tokio Marine Life Insurance
RHB Wealth Advance
A Gift That Grows For Generations
Exclusively for Grandparents | No Medical Exam | GIO to Age 75
200%
Coverage doubles automatically
(Inflation Shield)
<RM10
Child's insurance cost per year
(vs RM126 at age 65)
0%
Charges from
Year 5-6 onwards
128
Coverage lasts
to age 128
1 What YOU Get (as Policy Owner)
- No Medical Exam — Guaranteed Issuance Option (GIO) acceptance up to age 75 ANB
- Short Commitment — Pay for only 3, 5, or 8 years, then stop forever
- 100% Allocation — Every sen of your premium goes into investment funds
- YOU Control the Policy — Choose funds, switch anytime, make withdrawals
- Estate Bypass — Proceeds paid directly to nominee in 14 working days, no probate
- Tax Relief — Premiums qualify for tax deduction
- Contingent Owner — Appoint your child to safeguard the policy if anything happens to you
2 What Your Grandchild Gets
- Inflation Shield — Protection automatically doubles from 100% to 200% of BSA
- Ultra-Low Insurance Cost — Child pays less than RM10/year for coverage
- Loyalty Bonus at Age 70 — 108% (3-pay), 168% (5-pay), 178% (8-pay) of BSA
- Coverage to Age 128 — A lifetime of protection from one gift
- 60+ Years of Compounding — Investment grows untouched for decades
3 Inflation Shield Growth
Death benefit automatically increases over policy years. Grandchild (age ≤16) always qualifies for the highest tier.
| Entry Age |
Yr 1-2 |
Yr 3-5 |
Yr 6-10 |
Yr 11-15 |
Yr 16-20 |
Yr 21-25 |
Yr 26-30 |
Yr 36+ |
| 50 & below |
100% |
120% |
130% |
140% |
150% |
160% |
170% |
200% |
| 51 - 60 |
100% |
110% |
120% |
130% |
140% |
150% |
160% |
200% |
| 61+ |
100% |
105% |
115% |
125% |
135% |
145% |
155% |
200% |
Your grandchild falls in the "50 & below" bracket = fastest growth to 200%
4 Sample: RM15K/yr x 5 Years = RM75K Total
Grandchild entry age: 2 | BSA: RM15,000 | 5-year premium payment
| Grandchild Age |
Policy Year |
Min Death Benefit |
Est. Fund Value (5%) |
| 2 |
1 |
RM15,000 |
~RM14,500 |
| 7 |
6 |
RM21,000 (140%) |
~RM23,000 |
| 18 (University) |
17 |
RM24,000 (160%) |
~RM42,000 |
| 32 (Marriage) |
31 |
RM28,500 (190%) |
~RM75,000 |
| 47 |
46 |
RM30,000 (200% MAX) |
~RM140,000 |
| 70 (Loyalty Bonus) |
69 |
+ RM25,200 bonus |
~RM400,000+ |
Based on illustrative 5% p.a. fund return. Actual returns may vary.
5 FD vs Wealth Advance
Same RM75,000 — two very different outcomes
Fixed Deposit
RM87K
After 5 years at 3.5%
Zero protection
Goes through probate
No growth after maturity
RHB Wealth Advance
RM400K+
Est. fund value at grandchild age 70
Coverage grows to RM30K (200%)
Probate bypass via nominee
Compounding for 60+ years
6 Contingent Owner — Protecting Your Gift
The most important form to fill. This is what keeps the policy safe if anything happens to you.
What
Appoint your
child (grandchild's parent) as Contingent Owner (CO)
Why
If you pass away,
CO holds the policy in trust until grandchild turns 21
Then
At age 21, ownership
auto-transfers to grandchild. CO is cancelled. No approval needed.
Without a CO: policy falls into your estate = frozen accounts, lawyers, probate delays. The exact opposite of what you want.
Previous plans did not allow grandparents to buy for grandchildren. Wealth Advance is the first to allow this with GIO.
CO eligible: spouse, parent, sibling, or child (age 21+)
Form: Appointment/Revocation of Contingent Owner (CS/CO/032026)
7 Conversation Guide
Opening
"Datuk/Datin, I know family is everything to you. May I share something that many of my clients have done for their grandchildren?"
Hook (PO Benefits First)
"Let me show you what this does for YOU first. No medical exam needed, guaranteed acceptance. You pay for just 5 years, then stop. Every sen goes into investment. And the best part — the money bypasses probate entirely."
Grandchild Benefits
"Now for your grandchild — the coverage automatically doubles over time. Insurance cost is less than RM10 a year. And at age 70, they receive a loyalty bonus of 168% of the sum assured. One gift today protects them for life."
Trust Builder
"Wealth Advance is the ONLY investment-linked product in Malaysia where a grandparent can buy for a grandchild with guaranteed acceptance. No other plan offers this."
Close
"Shall I prepare the illustration with your grandchild's name and age? It just takes 5 minutes to see the exact numbers."
8 Objection Handling
"But what if I pass away?"
That is exactly why we set up a Contingent Owner. Your child holds the policy in trust until your grandchild turns 21, then ownership transfers automatically. No probate, no lawyers, no frozen policy.
"I want to choose who gets the money."
You have two options: appoint a Contingent Owner who manages it until grandchild turns 21, or do an Absolute Assignment to transfer the policy outright. Both give you full control over who benefits.
"Can my grandchild access the money at 18?"
Free withdrawals are available from Year 5 onwards. If you want your grandchild to access funds earlier, you can do an Absolute Assignment. The policy is flexible — it grows with their needs.
9 WhatsApp Opener
Copy and personalise before sending. Replace [Name] and [grandchild's name].
Hi [Name], hope you're well
I wanted to share something interesting for grandparents
It's an investment plan where you can set up your grandchild as the covered person — no medical exam needed, guaranteed acceptance
The unique part: the protection coverage automatically doubles from RM300K to RM600K over time, while the investment compounds for decades
And the best part for you — the proceeds bypass probate entirely. Your grandchild gets paid directly, no lawyers, no frozen accounts
Would you like me to show you the numbers for [grandchild's name]? Just takes 5 minutes
10 Setup Checklist
- Grandparent age ≤ 75 ANB
- Grandchild age ≤ 16 ANB
- Parental Consent Form signed by either parent
- Birth certificate + MyKid/MyKad for grandchild
- Appoint Contingent Owner (spouse/parent/sibling/child, age 21+)
- Grandparent CANNOT nominate — must use Contingent Owner or Absolute Assignment
For RM reference only. Not for client distribution.
Product issued by Tokio Marine Life Insurance Malaysia Bhd [199801001430 (457556-X)].
All figures from Sales Illustrations, TM Pro v4.26. Fund returns are illustrative, not guaranteed.